New York CNN —Former crypto billionaire Sam Bankman-Fried took the stand in front of a judge and jury last week in his criminal fraud trial.
“I was kind of busy and lazy and didn’t bother getting a haircut for long periods of time,” Bankman-Fried said.
Bankman-Fried is being accused of using this “back door” to transfer billions of dollars in FTX customer funds to Alameda.
He initially thought FTX would failWhen Bankman-Fried and Gary Wang started FTX in 2019, there were already dozens of crypto exchanges.
I’m not sure that I would quite answer yes to the question as you most recently phrased it.
Persons:
Sam Bankman, Fried, “, ”, we’ve, Caroline Ellison, Bankman, Mark Cohen, ” Cohen, Cohen, didn’t, FTX, Gary Wang, Binance, ” SBF, Lewis Kaplan, Kaplan interjected, Danielle Sassoon, I’m
Organizations:
New, New York CNN, Prosecutors, Alameda Research, Miami Heat, American Airlines, FTX, New Orleans Saints, Kansas City Chiefs, Kansas City Royals, Kaseya
Locations:
New York, Bahamas, Alameda, Kansas City, Bankman, FTX